MERGER: Silverstone targeted by Silver Wheaton

VANCOUVER - Silverstone Resources and Silver Wheaton have agreed to a plan whereby Silver Wheaton will make an all-...

VANCOUVER — Silverstone Resources and Silver Wheaton have agreed to a plan whereby Silver Wheaton will make an all-share offer for Silverstone. Silver Wheaton will issue 0.185 common shares for each Silverstone share, making the deal worth approximately C$206 million. Silver Wheaton's offer represents a 40% premium on the 20-day volume-weighted average of both companies' common shares.

 

The directors of Silverstone and its largest shareholder, Capstone Mining, support the merger.

 

More information is available at www.SilverstoneCorp.com or www.SilverWheaton.com.

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